| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 7.50 |
Support to Panama PPP Program Development for Recovery Project
Abstract*
The proposed project consists of a US$7.5 million IPF focused on technical assistance to strengthen the technical and operating capacity of institutions involved in the management of the Public Private Partnership (PPP) agenda and these institutions' regulatory framework, following international best practices. This project will focus on building-up the capacity of the main institutions involved in the launch of the PPP program, notably the Ministry... Show More
Development Objective
The objective of the Project is to strengthen institutional capacity for mobilizing private capital to finance and manage infrastructures and services in the Republic of Panama.
Key Details
Project Details
P174535
Active
Fabian Hinojosa Couleau , Abel Lopez Dodero, Carlos Murgui Maties
Republic of Panama
March 17, 2021
(as of board presentation)
September 29, 2022
June 6, 2023
US$ 7.50 million
Ministry of Public Works
2023
US$ 7.50 million
N/A
February 6, 2024
December 31, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 7.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 7.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 7.50 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 29, 2022 | IBRD-94420 | Loan Commitment | 7,500,000.00 |
| Apr 21, 2023 | IBRD-94420 | Fee Charges | 18,750.00 |
| Apr 15, 2024 | IBRD-94420 | Int Charges | 9,385.94 |
| Oct 15, 2023 | IBRD-94420 | Int Charges | 12,174.69 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Unsatisfactory | 2024-10-02 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-10-02 |
| Project Management | Moderately Unsatisfactory | 2024-10-02 |
| Financial Management | Satisfactory | 2024-10-02 |
| Monitoring and Evaluation | Satisfactory | 2024-10-02 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-10-02 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
World Bank Benchmarking Infrastructure Development score for PPP preparation Value 29.00 29.00 44.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment PPP projects approved at the feasibility stage of preparation following standards defined in the new operational Guidelines Value 1.00 1.00 5.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment PPP projects tendered Value 0.00 0.00 3.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Institutions with a specialized PPP group operationalized and strengthened Value 1.00 1.00 3.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Institutional reform proposals for improving planning capacity for infrastructure and service provision developed that are gender-responsive and consider climate change Value 0.00 0.00 1.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Infrastructure master plans, including strategies for developing and funding infrastructure and service provision that increases climate change resilience with private participation developed Value 0.00 0.00 1.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Staff trained in planning instruments for infrastructure and service provision Value 0.00 0.00 20.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Proposal for improved regulations that facilitate infrastructure development and service provision aligned with PPP law completed, including gender, climate change and citizen engagement aspects Value No No Yes Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Staff trained in preparing and executing PPP projects in line with the new operational Guidelines Value 0.00 0.00 50.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Of which women Value 0.00 0.00 25.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Share of women promoted or hired in PPP units of total hiring based on equal requirements for skills and competences Value 0.00 0.00 40.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Share of beneficiaries consulted - disaggregated by gender and ethnicity – who report their feedback has been reflected in the Project’s activities and outputs Value 0.00 0.00 70.00 Date June 1, 2022 September 13, 2023 December 31, 2026 Comment Project preparation facility for preparing eligible PPP projects designed Value No No Yes Date October 3, 2022 September 13, 2023 December 31, 2026 Comment